Lots and Land - Malibu, CA Enjoy ocean and mountain views from your very own magical three acres of hillside property in Malibu. Working with famed architect , Mike Reynolds , the current owner has designed an initial plan for a sustainable , one of a kind masterpiece . Great location near the Malibu Country Club ( slated to include a new campus for USC ) with easy access to Pacific Coast Highway to the south and Westlake Village to the north . The steepness presents a challenge which is why this property is listed at a bargain price. Owner will provide interest-only financing at 5% for up to 80% of the purchase price for 30-years with no prepayment penalty . You can own your own slice of Malibu for just $49,800. down and a monthly payment of $830.! Prospective Buyers must sign a " Waiver , Release and Assumption of Risk " form prior to walking on the property.